Question

10. What is the present value of an annuity of RM4,000 received at
the beginning of each year

for the next eight years? The first payment will be received today,
and the discount rate

is 9% (round to nearest RM1).

Answer #1

What is the present value today of a deferred annuity of 10
annual payments of $1,000 each, if the first payment will be
received 6 years from now and the discount rate is 9% EAR?
(Round to the nearest whole dollar)

The present value of an annuity of $5,000 to be received at the
beginning of each of the 6 years at a discount rate of 4% would
be:
$26,210
$27,258
$3,950
none of the above

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First year$
Second Year
Third Year
Fourth Year
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b. By using the present value of an annuity of $1 table in
Exhibit 7. Round to...

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c: $88
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